The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 2.5% in March 2017. This performance was consistent with most major markets, including Germany up 4.0%, Singapore up 2.5%, Hong Kong up 1.6 % and the UK up 0.8%, while the US was flat. Japan was down 1.1%.Volatility measures for the Australian equity market remained relatively low in March:• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.5% in March, up on the previous month (0.3%).• Expected future volatility (as measured by the S&P/ASX 200 VIX) in March was an average of 11.1 (compared to 12.1 in February).